Blog
Latest NewsN. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. Due to his love of animals and military history, he also frequently writes about dogs, cats and horses that have played a role in military conflicts. Subscribe to his blog now!
The Friendliest State For Construction.
Arizona ranks first among U.S. states for business and management friendly policies related to the construction industry. Neighboring New Mexico is dead last, according to the Associated Builders and Contractors. In the last 30 years, the growth of Arizona’s metro...
Loan Options for Global Buyers.
U.S. lenders will loan to international purchasers, but there are significant limitations. For example, the list of “qualified foreign nationals” is usually restricted to Canadians, Aussie's, and other English speaking former U.K. colonies. The good news is that U.S....
3 Reasons to Buy a New Home Now.
Don’t drag your feet when it comes to signing a contract to build or buy a new home. There are some definite advantages to beginning that process before the end of the year, such as: 1. Low interest rates. 30-year fixed-rate mortgages are still around 4%, but most...
The Top 10 Sources for Non-Arizonan Buyers.
Wonder where the people who buy in Arizona come from? With the exception of San Diego, since May 2012 the top 10 buyer sources for those living elsewhere all have cold winters. Which answers the question of why they purchase here - to escape the weather there....
Get A Down Payment!
70% of U.S. adults are unfamiliar with down-payment assistance programs for middle-income home buyers, according to a NeighborWorks America survey. There are hundreds of millions of dollars available for down-payment assistance from many local and state organizations,...
Canadians – Where art Thou?
The number of Phoenix metro area homes bought by Canadian buyers has dropped by at least half compared to last year. As an example of how that trend has progressed, according to Mike Orr of ASU's Center for Real Estate less than 1% of homes were sold to Canadians in...